NYSE:ENV - Envestnet Stock Price, Price Target & More

Envestnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENV."

Envestnet Inc (NYSE:ENV) released its earnings results on Wednesday, May, 9th. The business services provider reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.36 by $0.01. The business services provider earned $198 million during the quarter, compared to the consensus estimate of $194 million. Envestnet had a return on equity of 10.66% and a net margin of 2.48%. The company's revenue was up 25.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.25 EPS. View Envestnet's Earnings History.

Envestnet is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Envestnet.

Envestnet updated its FY18 earnings guidance on Wednesday, May, 9th. The company provided earnings per share guidance of $1.78 to $1.83 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.81. The company issued revenue guidance of $811 million to $821 million from $808 million to $823 million, compared to the consensus revenue estimate of $817.79 million.Envestnet also updated its Q2 guidance to $0.37 EPS.

8 Wall Street analysts have issued 12-month price targets for Envestnet's shares. Their forecasts range from $42.00 to $65.00. On average, they anticipate Envestnet's share price to reach $54.50 in the next year. View Analyst Ratings for Envestnet.

Envestnet saw a increase in short interest during the month of May. As of May 31st, there was short interest totalling 1,754,083 shares, an increase of 51.7% from the May 15th total of 1,156,476 shares. Based on an average trading volume of 549,119 shares, the short-interest ratio is currently 3.2 days. Approximately 4.0% of the shares of the company are sold short. View Envestnet's Current Options Chain.

Some companies that are related to Envestnet include The Western Union (WU), GrubHub (GRUB), CDK Global (CDK), WEX (WEX), athenahealth (ATHN), Fair Isaac (FICO), Etsy (ETSY), Healthequity (HQY), Stamps.com (STMP), GreenSky (GSKY), MAXIMUS (MMS), Cotiviti (COTV), Conduent (CNDT), TriNet Group (TNET) and Ritchie Bros. Auctioneers (RBA).

Media stories about ENV stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Envestnet earned a daily sentiment score of 0.17 on Accern's scale. They also assigned news headlines about the business services provider an impact score of 46.66 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Envestnet's stock is owned by many different of institutional and retail investors. Top institutional investors include Wells Fargo & Company MN (7.72%), BlackRock Inc. (6.03%), Wasatch Advisors Inc. (4.02%), Van Berkom & Associates Inc. (2.88%), Stephens Investment Management Group LLC (2.33%) and Royal Bank of Canada (1.61%). Company insiders that own Envestnet stock include Anil Arora, Charles Roame, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Scott D Grinis, Shelly O'brien and William Crager. View Institutional Ownership Trends for Envestnet.

ENV stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Wells Fargo & Company MN, Millennium Management LLC, Victory Capital Management Inc., Oak Ridge Investments LLC, Stephens Investment Management Group LLC, Wasatch Advisors Inc. and Russell Investments Group Ltd.. Company insiders that have sold Envestnet company stock in the last year include Anil Arora, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Scott D Grinis, Shelly O'brien and William Crager. View Insider Buying and Selling for Envestnet.

ENV stock was purchased by a variety of institutional investors in the last quarter, including Fiera Capital Corp, Robeco Institutional Asset Management B.V., Impax Asset Management LLC, PNC Financial Services Group Inc., Amundi Pioneer Asset Management Inc., Carillon Tower Advisers Inc., Prudential Financial Inc. and New York State Common Retirement Fund. Company insiders that have bought Envestnet stock in the last two years include Charles Roame, Gayle A Crowell and Judson Bergman. View Insider Buying and Selling for Envestnet.

Shares of ENV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ENV stock can currently be purchased for approximately $56.05.

Envestnet has a market capitalization of $2.63 billion and generates $683.68 million in revenue each year. The business services provider earns $-3,280,000.00 in net income (profit) each year or $0.88 on an earnings per share basis. Envestnet employs 3,516 workers across the globe.

Envestnet's mailing address is 35 EAST WACKER DRIVE SUITE 2400, CHICAGO IL, 60601. The business services provider can be reached via phone at 312-827-2800 or via email at [email protected]